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Archive for May, 2009

A Quick Look at Gold Prices

May 29, 2009 10:13 pm by Greg Holden

Gold for immediate delivery was at $955.70 early Monday. It advanced to $961.33 May 22, the highest since March 20. Gold for June delivery in New York was down 0.3 percent at $956.10 Friday. The recent increase in Gold prices ...

The New Zealand Dollar is Turning Up

May 29, 2009 9:47 pm by Natalie R.

The New Zealand dollar (NZD) rose recently, broadly reversing a decline on Thursday, and gaining 3.4% against the Japanese yen to 60.49. It was also up 1.8 % versus the U.S. dollar at $0.6253. The NZD extended its 3-month rally ...

Commodities Forecast – Silver, Gold, Crude Oil Prices

May 29, 2009 9:41 pm by Natalie R.

Gold Gold prices jumped to their highest level in 3 months on Friday, finding support as a hedge against fears of higher inflation and a broad rise in commodity prices. Investor sentiment remains positive and a weaker dollar is likely to ...

Forex Market to Move on U.S. Unemployment Claims Data and Geithner Speech

May 28, 2009 9:42 am by Yan Petters

The forex market is expected to be very volatile today, as traders await the release of U.S.  Unemployment Claims Data  and Timothy Geithner's speech later today. 

AUD – Private Capital Expenditure

May 27, 2009 3:30 pm by Dan Eduard

The Private Capital Expenditure data release is expected to be released this coming Thursday at 1.30 am GMT.. The release is published every quarter, and about 60 days after the quarter ends. It is published by the Australian Bureau of ...

US Existing Home Sales on Tap

May 27, 2009 10:19 am by Yan Petters

27 May 2009 GMT: U.S Existing Home Sales 14:00 • Annualized number of residential buildings that were sold during the previous month, excluding new construction.

NZD – NBNZ Business Confidence

May 26, 2009 11:43 pm by Dan Eduard

The National bank of New Zealand or NBNZ Business Confidence data release is set to be published on Tuesday 27 May at 3 am GMT. The data release measures the level of a dispersion index according to a survey of ...

Pacific Currencies Forecast – Week of Monday 25 May 2009

May 26, 2009 10:22 pm by Dan Eduard

JPY The Japanese currency has gone increasingly bearish as of late against its major currency pairs. The USD/JPY cross was unchanged yesterday. However, today the pair is trading up 30 pips at 94.92. The Yen is down by a massive 250 ...

JPY Confidence Strong in Japan

May 26, 2009 12:34 pm by Greg Holden

The Japanese currency has been experiencing a rise recently, reaching as high as 92.24 Yen versus the USD on May 22nd. The Yen rose to a two month high against the Dollar on Friday after Japan’s finance minister announced the ...

USD and CAD Forecast

May 26, 2009 11:38 am by Greg Holden

Week of 25 May 2009 USD The US Dollar is in retreat. The past week has seen the Dollar slide to its lowest level this year against most major currencies. The Dollar Index has lost about 3.6% this week, trading at 80.045 ...